Sacco Review - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

400 farmers trained on modern farming in Narok West

Sacco ReviewApril 15, 202402 mins

Farmers in Ilmotiok Ward in Narok West, Narok County have undergone a rigorous training for one week which was sponsored by Kupanda2Grow Foundation, a Non-Governmental Organisation based in Netherlands. Over 400 farmers were taught on the modern farming techniques. READ ALSO: Study finds only 20 per cent of women are saving for retirement Area Governor…

Study finds only 20 per cent of women are saving for retirement

Sacco ReviewApril 15, 2024April 15, 202406 mins

Old Mutual has launched its latest Financial Services Monitor, which offers invaluable insights into the financial behaviours and attitudes of Kenyans, with a particular focus on women. Old Mutual Women’s Network Patron Anne Nyamu said the second edition of the Old Mutual Financial Services Monitor (OMFSM) provides a comprehensive analysis of the Kenyan economy, highlighting…

Programme to boost SMES in training, linkages and financial access launched

Sacco ReviewApril 12, 202404 mins

Over 1500 Small and Medium Enterprises (SMEs) from across the country are set to receive a boost in financial literacy training, market linkages, business networking and financial access through a newly launched empowerment programme. The Inua Biashara programme brings together financial institutions, media houses, the national chamber of commerce and industry as well as learning institutions;…

Governor Barasa rejects new sugar sector payment system

Sacco ReviewApril 12, 202402 mins

Kakamega County Governor Fernandes Barasa, has taken a firm stance alongside other leaders in Western Kenya against the newly introduced sugar tax payment system. The directive mandates farmers to present e-TIMS invoices for every cane delivered to factories before receiving payment, a move vehemently opposed by governor Barasa and his allies. The Kenya Revenue Authority…

Report reveals exploitation of farmers and consumers in unfair food prices

Sacco ReviewApril 12, 202405 mins

A report by Consumers International organization has revealed unfair charging of prices in Kenya at the expense of consumers, farmers, and other businesses. The report was released in a Nairobi hotel by the organization which is the membership organization for consumer groups around the world, it detailed that market concentration and insufficient competition in Kenya…

Ndege Chai Sacco targets youth recruitment for sustainability

Sacco ReviewApril 11, 2024April 11, 202406 mins

Ndege Chai Sacco has doubled marketing efforts to attract more youthful members to the society. The Chairman Supervisory Paul K.Mutai told delegates that there was need to focus marketing efforts towards the younger generation to ensure sustainability of the Sacco adding, “as the economy improves opening up opportunities for employment and business for the youth,…

World Bank awards Governor Wavinya for exemplary implementation of projects

Sacco ReviewApril 5, 202407 mins

Machakos Governor Wavinya Ndeti has been feted by the World Bank for helping farmers to improve productivity through their cooperative societies. Governor Wavinya was awarded at the county offices in Mavoko on Wednesday April 3 for her collaborative efforts with the World Bank-funded Kenya Climate Smart Agriculture Project (KCSAP) to improve agricultural productivity among farmers….

Stima Sacco assets hit record KSh59.1 billion in 2023

Sacco ReviewApril 3, 202403 mins

Stima DT Sacco has Sacco achieved remarkable growth across all key indicators in the year ended December 31, 2023, this was revealed during the Sacco’s Investors briefing meeting in Nairobi. The Sacco which turns 50 years this year paid members dividends at a rate of 15 per cent and rebates at 11 per cent. This…

Machakos farmers asked to plant trees for economic benefits

Sacco ReviewApril 3, 2024April 3, 202402 mins

Machakos Deputy Governor Francis Mwangangi has asked farmers in the county to take advantage of the ongoing rains to plant more trees in their lands and harvest water for domestic use. The region which often experiences long dry spells, has been receiving heavy rainfall, which is expected to continue. The deputy governors also encouraged farmers to plant…

Saccos in Mt Kenya teach members good money habits

Sacco ReviewApril 1, 202406 mins

The managements of various Saccos in Mt Kenya region have intensified campaigns to educate their members on skills for prudent management of borrowed funds in a bid to tame increasing cases of default in loan payments. Most Sacco are still grappling with recovery of funds held in defaults by borrowers mainly attributed to prevailing economic…